Rates as of 05:00 GMT Market Recap Things were looking pretty good yesterday as the New York day started and at one point the S&P 500…
Rates as of 05:00 GMT Market Recap Today I Learned: The Reserve Bank of New Zealand (RBNZ) does not think the same way as the Reserve…
Rates as of 05:00 GMT Market Recap The standout feature this morning is the plunge in NZD. This occurred because of one COVID-19 case “in the…
Rates as of 05:00 GMT Market Recap Normally I try to avoid discussing the previous day’s economic indicators, because that’s by definition yesterday’s news and I…
Rates as of 05:00 GMT Market Recap The second graph above tells the story nicely: by and large it was a reversal day in the FX…
Rates as of 05:00 GMT Market Recap Interesting move today when USD is on top and JPY and CHF are at the bottom. Is USD no…
Rates as of 05:00 GMT Market Recap Monday it was AUD, Tuesday it was NZD’s turn to dominate the market. The markets were already in the…
Rates as of 05:00 GMT Market Recap Sometimes a miss isn’t a miss. Yesterday’s US GDP figure missed estimates by a lot — +6.5% qoq SAAR…
Rates as of 05:00 GMT Market Recap Ah yes…as I said in my weekly, while I’m pretty sure of the kind of statement we’re going to…
Rates as of 05:00 GMT Market Recap A big “risk-off” day as the tech bubble in China deflates. The NASDAQ index hit a record high on…
